![Al Martinez](/images/resized/images/news/2024/461_feb02/2_100_100.jpg)
Life insurance, often misunderstood, is essentially a safety net for life’s unforeseen events. It’s a contract where you pay regular premiums to an insurance company, and in return, they provide financial support to your family if you pass away. This pact ensures your family’s financial stability in your absence, cushioning them against the economic impact of loss.
THE SPECTRUM OF LIFE INSURANCE POLICIES
Life insurance comes in various forms, each designed for different life stages and needs:
Term Life Insurance: This type provides coverage for a specific period, like 10, 20, or 30 years. It’s ideal for those seeking affordable, straightforward coverage without a lifelong...